Ptc Inc. · NASDAQ:PTC
Ptc — Corporate Update (March 2026)
16 slides from Ptc's corporate update, March 2026
Slide 1: Investor Update Call
INVESTOR UPDATE CALL Jen DiRico CFO March 2026
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation includes forward looking statements regarding PTC’s future financial performance, strategic outlook and expectations, anticipated future operations, expected effects of strategic investments and initiatives, and share repurchase expectations. Because such
Slide 3: Jen DiRico, CFO
ee JEN DIRICO, CFO
Slide 4: FY'26 and Q2'26 Guidance
FY’26 AND Q2’26 GUIDANCE FY’26 Guidance Q2’26 Guidance $ in millions except per share amounts FY’26 Q2’26 Excluding Kepware Excluding Kepware % rounded to the nearest half Previous Guidance Previous Guidance and ThingWorx3 and ThingWorx3 Constant currency ARR, excluding Kepware and 7.5% to 9.5% grow
Slide 5: Q&A
Q& A 5
Slide 6: Thank You
THANK YOU p t c . co m
Slide 7: Appendix
ee APPENDIX
Slide 8: Appendix: Kepware and ThingWorx Transaction
APPENDIX: KEPWARE AND THINGWORX TRANSACTION Divestiture reinforces focus on PTC’s Intelligent Product Lifecycle Estimated at announcement Updated at close Estimated Net Transaction Proceeds Estimated Net Transaction Proceeds Maximum purchase price $725 million Maximum purchase price $725 million Pot
Slide 9: Appendix: FY'26 Free Cash Flow Illustrative Model
APPENDIX: FY’26 FREE CASH FLOW ILLUSTRATIVE MODEL Estimated at announcement Updated at close PTC FY’26 free cash flow guidance without divestiture ~$1,000 million PTC FY’26 free cash flow model without divestiture ~$1,000 million Estimated free cash flow impact related to absence Estimated free cash
Slide 10: Appendix: Illustrative Operating Cash Flow Details
APPENDIX: ILLUSTRATIVE OPERATING CASH FLOW DETAILS Significant FY’26 items impacting the baseline when modeling FY’27 OCF $ in millions $1,200 $110 $1,000 $40 $960 $880 $(70) $800 $600 $400 $200 $- Divestiture-related… Normalized FY’26 OCF Divestiture-related Divestiture-related Divestiture-related
Slide 11: Appendix: Illustrative Free Cash Flow Details
APPENDIX: ILLUSTRATIVE FREE CASH FLOW DETAILS1 Significant FY’26 items impacting the baseline when modeling FY’27 FCF $ in millions $1,200 $110 $20 $1,000 $950 $850 $40 $(70) $800 $600 $400 $200 $- Divestiture-related… Normalized FY’26 FCF Divestiture-related Divestiture-related R&D Center Move- Div
Slide 12: Appendix: FY'26 Guidance Includes the Following Assumptions
APPENDIX: FY’26 GUIDANCE INCLUDES THE FOLLOWING ASSUMPTIONS We provide ARR guidance on a constant currency basis, using our FY’26 Plan foreign exchange rates (rates as of September 30, 2025) for all periods. We expect churn to remain low. For cash flow, due to largely similar invoicing seasonality a
Slide 13: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Statements in this document that are not historic facts, including statements about our future operating, financial and growth expectations, potential stock repurchases, and the anticipated benefits of the sale of the Kepware and ThingWorx businesses (the “divestiture”) ar
Slide 14: Operating Measure
OPERATING MEASURE ARR: ARR (Annual Run Rate) represents the annualized value of our portfolio of active subscription software, SaaS, hosting, and support contracts as of the end of the reporting period. We calculate ARR as follows: We consider a contract to be active when the product or service cont
Slide 15: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES We provide supplemental non-GAAP financial measures to our financial results. We use these non-GAAP financial measures, and we believe that they assist our investors, to make period-to-period comparisons of our operating performance because they provide a view of our oper
Slide 16: Reconciliation of Non-GAAP Financial Measures to GAAP
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP Free Cash Flow In millions Q2'26 Guidance FY'26 Guidance Operating Cash Flow $315 to $320 ~$880 Capital expenditures ~($5) ~($30) Free cash flow $310 to $315 ~$850 Diluted Earnings per Share: GAAP vs. Non-GAAP Q2'26 Guidance FY'26 Guidance GAAP d